FINOLEX INDUSTRIES (1W TF) - Swing Trade Analysis given on 25th March, 2024
Pattern: SYMMETRICAL TRIANGLE - Pullback candle from Lower Trendline Support - Done ✓ - Volume buildup at Resistance - Done ✓ - Demand Zone Retest & Consolidation - Done ✓
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FINOLEX INDUSTRIES Update (as on 1st April, 2024)
✓ 6.5% today in just 4 Trading Sessions
- 1st Target Level Achieved - Broke out of the Upper Trendline with strong weekly volumes - Hence, partial entry was taken and will add to the position if it rises up. Will trail my SL according to the Levels - Thereafter, if it retests the demand zone will look for a re-entry